2 Dow Jones Dividend Stocks With Yields Above 3% You Can Buy Now and Hold at Least a Decade

If you have any faith in economic indicators, right now seems like a terrible time to buy stocks. A long bull market has pushed the major market indices up to record highs.From the end of 2022 through Nov. 19, the benchmark S&P 500 index rose a stunning 54.1%. As is often the case during bull runs, earnings from the index's components haven't risen as quickly. As a result, the S&P 500's cyclically adjusted price-to-earnings ratio, or CAPE ratio, recently shot up past 35 for the third time in more than 150 years.The past couple of times stock market valuations were stretched this far, things didn't work out well for most investors. In 1999, the CAPE ratio peaked above 44 just before the dot-com crash.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool